Farsight Consulting Limited
07215255
Healthy
- No accounts filed in last 18 months (-5)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 09/06/2025
CEO
BRITISH · UNITED KINGDOM · Age 61
Also on 22 other boards
Persons with Significant Control
Sixty-One Holdings Ltd
Suite 3d&E, Third Floor, Birmingham, B2 5DB
Notified 20/12/2018
Former PSCs
Mr Peter Neil Masters
Ceased 20/12/2018
Mrs Charlotte Hurst
Ceased 15/05/2024
CompanyRankvs 4240+ SIC 70229 peers80
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
or ∙ the directors have not disclosed in the financial statements any identified material uncertainties that may cast significant doubt about the company's ability to continue to adopt the going concern basis of accounting for a period of at least twelve months from the date when the financial statements are authorised for issue. Page 5 Independent auditor's report to the members of Far
Key FinancialsYear ending 31/03/2023
Turnover
£15.7M
Annual revenue
Net Worth
£6.5M
Balance sheet strength
Cash
£6.3M
Cash in the bank
Profit Before Tax
£2.4M
Bottom line earnings
Net Current Assets
£6.4M
Working capital
Current Assets
£8.5M
Current Liabilities
£2.1M
Fixed Assets
£113k
Debtors
£2.2M
Cost of Sales
£11.3M
Gross Profit
£4.4M
Admin Expenses
£2.0M
Operating Profit
£2.4M
Profit After Tax
£1.9M
Tax at Year End
People Costs
Balance Sheet
EstimatesDerived
| Year | Current Ratio |
|---|---|
| 2023 | 4.00 |
| 2022 | 3.32 |
| 2021 | 5.87 |
| 2020 | 3.35 |
| 2019 | 1.73 |
Derived from filed accounts. Not audited figures.